Danish Wind Energy Component Maker Polytech Opens India Manufacturing Facility By Saur News Bureau/ Updated On Fri, Apr 29th, 2022 Polytech is establishing a facility in Bangalore, India. The facility will open in early Q4 2022. India is the third fastest growing wind market in the world with approximately 60 GW new capacity to be installed by 2030 (projected by Wood Mackenzie, 2021). This projection fits in well with the Indian Government’s recent announcement on opening the bidding for India’s first offshore wind projects. In addition to this, market forecasts show that India-based factories will play a much bigger role in exporting wind turbine components in the future. With such a growth potential in India and the Asia-Pacific region, opening a production facility in India comes as a natural step for Polytech. Of course, local production will be a crucial edge for bidding on contracts here, as the government continues to push for domestic manufacturing. Polytech’s Bengaluru Facility “We strive to grow our business through creating value to our customers in a sustainable way. Being close to our customers not only gives them faster lead time, but also decreases their risks, costs, and overall carbon footprint”, says Polytech’s CEO Mads Kirkegaard. Polytech’s new production facility will be in Bangalore, several high-profile universities providing skilled workforce in the area. Production will start in early Q4 2022 in the 2,000 m2 facility, where Polytech will manufacture components for the wind turbine industry. Polytech currently has production facilities in Denmark, Germany, China, and Mexico. Opening this facility in India allows Polytech to further de-risk its manufacturing footprint, and as such, de-risk the supply chain of the major wind turbine- and blade manufacturers. Mads Kirkegaard sees this as an absolute priority considering recent and ongoing global events. 1,500-1,600 MW wind energy capacity to be added in 2022-23: Ind body Also Read “The COVID-19 pandemic and the global supply chain bottleneck have put a lot of strain on businesses globally, including the wind sector. Getting raw materials, shipping items globally, and delivering projects have all become challenging. And the war in Ukraine has made things even more unstable. We want to continue to be a stable global partner to our customers, and the Indian facility will play a crucial role in that.” Bidding to Begin Soon for 2000 MW Offshore Wind Projects: RK Singh Also Read Tags: bengaluru manufacturing, Mads Kirkegaard, Make in India, polytech, wind equipment manufacturing